Zynex (ZYXI) Competitors

Zynex logo
$0.12 0.00 (0.00%)
As of 06/23/2026

ZYXI vs. CODX, OSRH, ICU, FEMY, and SURG

Should you buy Zynex stock or one of its competitors? MarketBeat compares Zynex with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Zynex include Co-Diagnostics (CODX), OSR (OSRH), SeaStar Medical (ICU), Femasys (FEMY), and SurgePays (SURG). These companies are all part of the "medical equipment" industry.

How does Zynex compare to Co-Diagnostics?

Zynex (NASDAQ:ZYXI) and Co-Diagnostics (NASDAQ:CODX) are both small-cap medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, media sentiment, earnings, valuation, institutional ownership, risk and dividends.

29.7% of Zynex shares are owned by institutional investors. Comparatively, 15.0% of Co-Diagnostics shares are owned by institutional investors. 49.3% of Zynex shares are owned by company insiders. Comparatively, 5.4% of Co-Diagnostics shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Zynex has a beta of 0.99, indicating that its stock price is 1% less volatile than the broader market. Comparatively, Co-Diagnostics has a beta of 2.74, indicating that its stock price is 174% more volatile than the broader market.

Zynex presently has a consensus target price of $4.90, suggesting a potential upside of 3,820.00%. Co-Diagnostics has a consensus target price of $67.50, suggesting a potential upside of 1,933.75%. Given Zynex's higher possible upside, analysts plainly believe Zynex is more favorable than Co-Diagnostics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Co-Diagnostics
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Zynex's average media sentiment score of 0.00 equaled Co-Diagnostics'average media sentiment score.

Company Overall Sentiment
Zynex Neutral
Co-Diagnostics Neutral

Zynex has higher revenue and earnings than Co-Diagnostics. Co-Diagnostics is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$108.20M0.04$2.99M-$2.43N/A
Co-Diagnostics$620K19.75-$46.90M-$15.77N/A

Zynex has a net margin of -68.35% compared to Co-Diagnostics' net margin of -6,760.63%. Co-Diagnostics' return on equity of -164.92% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex-68.35% -804.30% -36.67%
Co-Diagnostics -6,760.63%-164.92%-141.15%

Summary

Zynex beats Co-Diagnostics on 9 of the 12 factors compared between the two stocks.

How does Zynex compare to OSR?

OSR (NASDAQ:OSRH) and Zynex (NASDAQ:ZYXI) are both small-cap medical equipment companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, media sentiment, institutional ownership, analyst recommendations, profitability, valuation, earnings and risk.

Zynex has a net margin of -68.35% compared to OSR's net margin of -363.26%. OSR's return on equity of -7.24% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
OSR-363.26% -7.24% -5.41%
Zynex -68.35%-804.30%-36.67%

Zynex has a consensus target price of $4.90, suggesting a potential upside of 3,820.00%. Given Zynex's stronger consensus rating and higher possible upside, analysts plainly believe Zynex is more favorable than OSR.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
OSR
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Zynex
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

55.3% of OSR shares are held by institutional investors. Comparatively, 29.7% of Zynex shares are held by institutional investors. 36.8% of OSR shares are held by company insiders. Comparatively, 49.3% of Zynex shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

OSR has a beta of 0.61, meaning that its stock price is 39% less volatile than the broader market. Comparatively, Zynex has a beta of 0.99, meaning that its stock price is 1% less volatile than the broader market.

Zynex has higher revenue and earnings than OSR. OSR is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OSR$2.63M4.71-$27.06M-$0.33N/A
Zynex$108.20M0.04$2.99M-$2.43N/A

In the previous week, OSR had 1 more articles in the media than Zynex. MarketBeat recorded 1 mentions for OSR and 0 mentions for Zynex. OSR's average media sentiment score of 0.51 beat Zynex's score of 0.00 indicating that OSR is being referred to more favorably in the media.

Company Overall Sentiment
OSR Positive
Zynex Neutral

Summary

Zynex beats OSR on 9 of the 16 factors compared between the two stocks.

How does Zynex compare to SeaStar Medical?

Zynex (NASDAQ:ZYXI) and SeaStar Medical (NASDAQ:ICU) are both small-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, media sentiment, institutional ownership, profitability, analyst recommendations, valuation and dividends.

Zynex has a net margin of -68.35% compared to SeaStar Medical's net margin of -828.62%. SeaStar Medical's return on equity of -146.29% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex-68.35% -804.30% -36.67%
SeaStar Medical -828.62%-146.29%-96.48%

Zynex has a beta of 0.99, indicating that its stock price is 1% less volatile than the broader market. Comparatively, SeaStar Medical has a beta of -1.05, indicating that its stock price is 205% less volatile than the broader market.

29.7% of Zynex shares are owned by institutional investors. Comparatively, 1.7% of SeaStar Medical shares are owned by institutional investors. 49.3% of Zynex shares are owned by company insiders. Comparatively, 0.7% of SeaStar Medical shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Zynex has higher revenue and earnings than SeaStar Medical. SeaStar Medical is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$108.20M0.04$2.99M-$2.43N/A
SeaStar Medical$1.44M8.91-$12.15M-$4.80N/A

In the previous week, SeaStar Medical had 3 more articles in the media than Zynex. MarketBeat recorded 3 mentions for SeaStar Medical and 0 mentions for Zynex. Zynex's average media sentiment score of 0.00 equaled SeaStar Medical'saverage media sentiment score.

Company Overall Sentiment
Zynex Neutral
SeaStar Medical Neutral

Zynex currently has a consensus price target of $4.90, indicating a potential upside of 3,820.00%. SeaStar Medical has a consensus price target of $8.00, indicating a potential upside of 150.00%. Given Zynex's higher probable upside, equities research analysts clearly believe Zynex is more favorable than SeaStar Medical.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
SeaStar Medical
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Zynex beats SeaStar Medical on 10 of the 13 factors compared between the two stocks.

How does Zynex compare to Femasys?

Zynex (NASDAQ:ZYXI) and Femasys (NASDAQ:FEMY) are both small-cap medical companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, dividends, analyst recommendations, profitability, earnings, valuation and risk.

Zynex presently has a consensus target price of $4.90, indicating a potential upside of 3,820.00%. Femasys has a consensus target price of $106.67, indicating a potential upside of 2,638.55%. Given Zynex's higher possible upside, analysts clearly believe Zynex is more favorable than Femasys.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Zynex
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Femasys
1 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.50

Zynex has higher revenue and earnings than Femasys. Femasys is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Zynex$108.20M0.04$2.99M-$2.43N/A
Femasys$2.38M4.95-$18.63M-$5.40N/A

Zynex has a net margin of -68.35% compared to Femasys' net margin of -521.97%. Femasys' return on equity of -258.08% beat Zynex's return on equity.

Company Net Margins Return on Equity Return on Assets
Zynex-68.35% -804.30% -36.67%
Femasys -521.97%-258.08%-73.72%

Zynex has a beta of 0.99, indicating that its share price is 1% less volatile than the broader market. Comparatively, Femasys has a beta of -2.23, indicating that its share price is 323% less volatile than the broader market.

29.7% of Zynex shares are owned by institutional investors. Comparatively, 65.3% of Femasys shares are owned by institutional investors. 49.3% of Zynex shares are owned by company insiders. Comparatively, 7.8% of Femasys shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Femasys had 2 more articles in the media than Zynex. MarketBeat recorded 2 mentions for Femasys and 0 mentions for Zynex. Zynex's average media sentiment score of 0.00 equaled Femasys'average media sentiment score.

Company Overall Sentiment
Zynex Neutral
Femasys Neutral

Summary

Zynex beats Femasys on 9 of the 15 factors compared between the two stocks.

How does Zynex compare to SurgePays?

SurgePays (NASDAQ:SURG) and Zynex (NASDAQ:ZYXI) are both small-cap medical equipment companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, media sentiment, analyst recommendations, profitability, risk and dividends.

SurgePays has a net margin of -64.91% compared to Zynex's net margin of -68.35%. Zynex's return on equity of -804.30% beat SurgePays' return on equity.

Company Net Margins Return on Equity Return on Assets
SurgePays-64.91% -967.32% -310.16%
Zynex -68.35%-804.30%-36.67%

In the previous week, SurgePays had 2 more articles in the media than Zynex. MarketBeat recorded 2 mentions for SurgePays and 0 mentions for Zynex. SurgePays' average media sentiment score of 1.15 beat Zynex's score of 0.00 indicating that SurgePays is being referred to more favorably in the media.

Company Overall Sentiment
SurgePays Positive
Zynex Neutral

Zynex has higher revenue and earnings than SurgePays. SurgePays is trading at a lower price-to-earnings ratio than Zynex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SurgePays$62.37M0.16-$36.07M-$1.94N/A
Zynex$108.20M0.04$2.99M-$2.43N/A

6.9% of SurgePays shares are owned by institutional investors. Comparatively, 29.7% of Zynex shares are owned by institutional investors. 29.1% of SurgePays shares are owned by insiders. Comparatively, 49.3% of Zynex shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

SurgePays has a beta of 0.31, meaning that its stock price is 69% less volatile than the broader market. Comparatively, Zynex has a beta of 0.99, meaning that its stock price is 1% less volatile than the broader market.

SurgePays currently has a consensus target price of $3.50, indicating a potential upside of 768.49%. Zynex has a consensus target price of $4.90, indicating a potential upside of 3,820.00%. Given Zynex's stronger consensus rating and higher possible upside, analysts plainly believe Zynex is more favorable than SurgePays.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SurgePays
2 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.67
Zynex
1 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Zynex beats SurgePays on 10 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ZYXI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ZYXI vs. The Competition

MetricZynexMED PRODUCTS IndustryMedical SectorNASDAQ Exchange
Market Cap$3.80M$8.14B$6.55B$12.21B
Dividend YieldN/A2.59%2.69%5.83%
P/E Ratio-0.0514.9924.9824.15
Price / Sales0.046.96550.37122.48
Price / Cash0.5116.8344.8254.51
Price / Book0.113.2910.796.51
Net Income$2.99M$226.25M$3.56B$337.14M
7 Day PerformanceN/A-0.76%1.94%0.21%
1 Month PerformanceN/A-2.58%1.39%1.17%
1 Year Performance-95.00%0.18%31.08%28.90%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZYXI
Zynex
N/A$0.13
flat
$4.90
+3,820.0%
N/A$3.80M$108.20MN/A770
CODX
Co-Diagnostics
1.7444 of 5 stars
$3.84
+1.6%
$67.50
+1,657.8%
-57.8%$14.18M$620KN/A100
OSRH
OSR
1.0442 of 5 stars
$0.38
-0.2%
N/A-72.4%$13.48M$2.91MN/AN/A
ICU
SeaStar Medical
2.2877 of 5 stars
$3.05
-2.7%
$8.00
+162.7%
+3.6%$12.18M$1.23MN/A2
FEMY
Femasys
1.5118 of 5 stars
$3.83
-3.7%
$106.67
+2,684.3%
-77.7%$11.69M$2.29MN/A30

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This page (NASDAQ:ZYXI) was last updated on 6/24/2026 by MarketBeat.com Staff.
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